+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

  • The purchase is made by an individual, not a legal entity.
  • The buyer is not going to rent out the acquired property.
  • This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.
A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Limassol, Cyprus No. 29070

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

New 2 bedroom apartment in a modern residence situated in the elite area of Agia Fyla, Limassol. The 3 stores building comprises of only five 2 bedroom apartments and is ideally located directly in the vicinity of all amenities. Public and private schools, supermarkets, lively nightlife, upscale shops and high-end cafes and restaurants are within a short drive. The apartments features: comfortable open plan kitchen and living areas that extend onto large spacious verandas, 2 bedrooms, 2 bathrooms, covered parking and storage room. Energy efficiency class of the building A, solar panels, individual water pump, VRV system Hot & Cold System with duct units in all rooms on suspending ceilings. High-quality materials and a reliable builder. Apartment's  Floor in living room, corridors, bathrooms and verandas: covered with excellent quality ceramic tiles, in bedrooms: covered with high quality laminate Wooden floor. Double-layer aluminum doors and windows with low-emission glass. Gates: Electrical gate/sensor opening. Operated with remote control. 

Features

Veranda

Veranda

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

2 bedrooms Apartment in Limassol, Cyprus No. 29070

2 bedrooms Apartment in Limassol, Cyprus No. 29070

Features

Indoor facilities

Veranda

Veranda

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